Global Mixed Tocopherols Market to Reach US$ 7.5 Billion by 2032, Propelled by Rapid Expansion in the Pharmaceutical Industry

November 08, 2022 | Food & Beverages

IMARC Group’s latest report, titled “Mixed Tocopherols Market Report by Product (Alpha Rich, Gamma Rich, Gamma-Delta Rich, and Others), Application (Dietary Supplements, Animal Feed Nutrition, Cosmetics, Pharmaceuticals, Food and Beverage Fortification, and Others), and Region 2024-2032,” finds that the global mixed tocopherols market size reached US$ 4.8 Billion in 2023. Mixed tocopherols refer to a mixture of alpha-tocopherol, beta-tocopherol, gamma-tocopherol, and delta-tocopherol, which are all natural forms of Vitamin E. They are usually derived from nuts, seeds, healthy oils, and even spinach. These fat-soluble antioxidants possess anti-inflammatory, immune-enhancing, and anti-platelet aggregation properties. They help stabilize cell membranes, inhibit oxidation in cells, reduce cell degradation to prevent cardiovascular and neurological disorders, and treat various dermatological problems, such as acne and blemishes. They also assist in boosting metabolism, improving blood vessel functioning, strengthening the immune system, enhancing vision, and preventing plaque buildup in the arteries. As a result, mixed tocopherols find extensive applications in manufacturing pharmaceuticals, animal feed, nutraceuticals, foods and beverages, and cosmetics.

Global Mixed Tocopherols Market Trends:

The surging incidences of chronic diseases, including obesity, blood pressure, dementia, diabetes, osteoporosis, hypertension, and Parkinson’s disease, represent the primary factor driving the market growth. In addition, since mixed tocopherols are widely added in medicinal drugs to reduce cramps, restless leg syndrome, epilepsy episodes, and polyps, the rapid expansion in the pharmaceutical industry is acting as another major growth-inducing factor. Moreover, there has been a rise in the use of mixed tocopherols in numerous foods and beverages to improve their nutritional value. Along with this, the increasing applications in animal feed to minimize the harmful effects of heat stress on egg production, weight, and shell density and to enhance the overall quality of the meat, fur, and nails of livestock have catalyzed the product demand. Besides this, the growing usage of mixed tocopherols in dietary supplements for gaining muscle mass, coupled with the surging health consciousness among consumers, has accelerated product adoption rates. Furthermore, the rising product utilization in cosmetics and skin care formulations as they offer UV protection and anti-aging properties, stimulate collagen production and stabilize oxygen-sensitive ingredients while extending the product shelf life has propelled the market growth. Other factors, including the escalating demand for quality meat and poultry products, increasing sales of fortified foods and beverages, elevating pet adoption rates, and inflating consumer expenditure capacities, are also creating a favorable market outlook. Looking forward, IMARC Group expects the market to reach US$ 7.5 Billion by 2032, growing at a CAGR of 4.9% during 2024-2032. 

Market Summary:

  • Based on the product, the market has been categorized into alpha-rich, gamma-rich, gamma-delta-rich, and others.
  • On the basis of the application, the market has been divided into dietary supplements, animal feed nutrition, cosmetics, pharmaceuticals, food and beverage fortification, and others.
  • Region-wise, the market has been segmented into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. 
  • The competitive landscape of the market has also been examined, with some of the key players being Archer Daniels Midland Company, BASF SE, Cargill Inc., DuPont de Nemours Inc., Kemin Industries Inc., Koninklijke DSM N.V., Merck KGaA, Nutralliance, The Scoular Company, Vance Group Ltd., and Vitae Naturals (Kensing, LLC).

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Archer Daniels Midland Company, BASF SE, Cargill Inc., DuPont de Nemours Inc., Kemin Industries Inc., Koninklijke DSM N.V., Merck KGaA, Nutralliance, The Scoular Company, Vance Group Ltd. and Vitae Naturals.
Customization Scope 10% Free Customization
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Global Mixed Tocopherols Market to Reach US$ 7.5 Billion by 2032, Propelled by Rapid Expansion in the Pharmaceutical Industry
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